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Of families and inheritance: law and development in England before the Industrial Revolution

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  • Peter Grajzl

    (Washington and Lee University
    CESifo)

  • Peter Murrell

    (University of Maryland)

Abstract

We examine how pre-Industrial-Revolution English caselaw development on land, inheritance, and families affected, and was affected by, economic and demographic outcomes. Our yearly measures of caselaw development are derived from existing topic-model estimates that reflect a comprehensive corpus of reports on pre-1765 court cases. We estimate a structural VAR model using these caselaw time-series in combination with measures of real per-capita income and vital rates. Pre-industrial caselaw development profoundly shaped economic development. Strikingly, the areas of caselaw that stimulated real-income growth are on families and inheritance, not land. Caselaw on families and inheritance was especially important as a driver of real income and birth rates after 1710. Caselaw developments were spurred primarily by changes in real income, not by changes in vital rates. Incorporation of endogenous caselaw development leaves intact the findings of the existing literature that examines pre-industrial economic-demographic interactions. However, our findings do imply that any Malthusian trap that was present in pre-industrial England was made less severe as a result of developments in caselaw on families and inheritance.

Suggested Citation

  • Peter Grajzl & Peter Murrell, 2023. "Of families and inheritance: law and development in England before the Industrial Revolution," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 17(3), pages 387-432, September.
    • Handle: RePEc:spr:cliomt:v:17:y:2023:i:3:d:10.1007_s11698-022-00255-8
    DOI: 10.1007/s11698-022-00255-8
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    Cited by:

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    More about this item

    Keywords

    Pre-industrial England; Caselaw; Economic development; Families; Inheritance; Malthus;
    All these keywords.

    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
    • K36 - Law and Economics - - Other Substantive Areas of Law - - - Family and Personal Law
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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